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of technologies to the clouds. so that's the good news for intel. the bad news is they have virtually zero footprint in smart phones and tablets, at least from a processing perspective and they've been showing very little progress on that front in recent quarters and years. >> okay. and would you put money to work in intel right here? how do you want to play this story? >> right now, the most attractive thing about intel is its 4% dividend yield. i really think it's going to be a market performer, just rising and falling with economic sen m sentiment here for the foreseeable future. and i think they need to put a mobile strategy in place that shows some real promise. >> that's a great point. certainly something that we will discuss with stacy smith, the cfo, coming up in the program. anything else you want to hear from stacy smith, alex? >> we really want to hear if and how they can get to their prior guidance for low single digits growth. pcs look like they're declining, yet the company's prior guidance was to get to growth for this year, and it just does not look like that's on the tabl
high. the average technology stock, 11% from its 52-week high, if we get another 3% to 5% down in stocks, then i think that cash on the sidelines should be absolutely put to work, because the next two or three years still bodes quite well for the stock market relative to most other asset classes. >> i may have to break in momentarily when those american express earnings come out. but first, jerry webben, let me ask you, the fear has been this week with news out of china, some of the economic data that we've gotten here, that maybe the global growth rate is slowing down. do you sense that at all? >> i think, yes, both in the u.s. and in china, we've seen some slowness in the emerging markets and europe remains extremely weak, but you've got to look at those growth areas in the u.s. with, that include auto sales remain strong, housing sector remains strong, personal consumption is not great, but it's okay, employment is better. >> all right, guys, let me break in. here we go. so they were expecting on american express $1.12, they got $1.15. so a beat, apparently, by 3 cents. the
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